🟢 Remitly is trading 7.3% up today after strong Q2 results and a raised 2026 outlook

Remitly is trading 7.3% up at $25.82 after reporting strong second-quarter results and raising its 2026 guidance.

• Revenue grew 20% year-over-year to $495.2 million, beating analyst estimates.
• Net income reached $205.9 million, bolstered by a one-time $140.6 million tax benefit.
• The company raised its full-year 2026 outlook for both revenue and adjusted EBITDA.